An entity that joins two other entities is called:

Which forms of business organization are considered to be separate accounting entities?

A. Sole proprietorships and partnerships only B. Partnerships and corporations only C. Only corporations D. Sole proprietorships, corporations, and partnerships

Top managers of Computer Manufacturing are alarmed by their operating losses

They are considering dropping the desktop product line. The company accountants have prepared the following analysis to help make this decision. Computer Manufacturing Income Statement For the Year Ended December 31, 20XX Total Laptop Desktop Sales Revenue $930,000 $575,000 $355,000 Variable Costs 507,000 267,000 240,000 Contribution Margin 423,000 308,000 115,000 Fixed Costs: Manufacturing 375,000 225,000 150,000 Selling and Administrative 62,000 45,000 17,000 Total Fixed Costs 437,000 270,000 167,000 Operating Income (Loss) $(14,000 ) $38,000 $(52,000 ) Total fixed manufacturing costs will not change if the company stops selling the desktop product line. The fixed selling and administrative costs, however, will be avoided. Prepare a differential analysis to show whether Computer Manufacturing should drop the desktop product line. Should the desktop product line be dropped? Explain your answer. What will be an ideal response